Rounds Cosponsors REINS Act

WASHINGTON – U.S. Sen. Mike Rounds (R-SD) today cosponsored the Regulations from the Executive in Need of Scrutiny (REINS) Act, offered by Sen. Rand Paul (R-Ky.). The REINS Act would require any executive branch rule or regulation with an annual economic impact of $100 million or more - designated by the President’s own Office of Management and Budget as a "major rule"- to come before Congress for an up-or-down vote before being enacted.

“The REINS Act would bring much-needed Congressional oversight to a federal government run amok,” said Rounds. “The Administration has shown little regard for the impact its rules and regulations have on jobs, agriculture, the economy and American families. Our bill will bring an additional layer of oversight to protect Americans from wasteful, ineffective and downright harmful regulatory policies from a power-hungry Executive Branch.”